Answer:
Community investment is all about giving back to local causes and groups through monetary giving, volunteering and product donations. These days, the communities that are relevant to your business may be distributed across the globe – think broadly about who you should focus your support on.
Explaination.
In finance, the term “community investing” refers to institutions and investment products that are intended to support economically disadvantaged communities.
In the United States, for example, there are several types of Community Development Financial Institutions (CDFIs), such as community development banks (CDBs) and community development credit unions (CDCUs). These institutions provide capital to underserved communities through personal credit, real estate development financing, business loans, and other financial products.
